NOT LISTED FOR SALE

40625 Inverness Way Unit 41-04 Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $301,000 - $395,000

2 Beds
2 Baths
1,177 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 40625 Inverness Way Unit 41-04, Palm Desert, CA 92211 and is currently estimated at $359,518, approximately $305 per square foot. 40625 Inverness Way Unit 41-04 is a home located in Riverside County with nearby schools including Ronald Reagan Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Jayaram M R M and Jayaram Susan A
Bought by
Templo Nelson G and Templo Maria V
Current Estimated Value
$359,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$192,480
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$179,561

Purchase Details

Closed on
Jun 5, 2002
Sold by
Jayaram M R and Jayaram Susan A
Bought by
Jayaram M R and Jayaram Susan A

Purchase Details

Closed on
May 10, 1994
Sold by
Linehan Gerald F and Linehan Anne G
Bought by
Jayaram M R and Jayaram Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Templo Nelson G $330,000 Chicago Title
Jayaram M R -- --
Jayaram M R $105,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Templo Nelson G $210,000
Previous Owner Jayaram M R $84,000
Previous Owner Jayaram M R $84,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,656 $336,600 $91,800 $244,800
2022 $4,437 $330,000 $90,000 $240,000
2021 $2,392 $164,838 $47,088 $117,750
2020 $2,353 $163,149 $46,606 $116,543
2019 $2,314 $159,951 $45,693 $114,258
2018 $2,276 $156,816 $44,799 $112,017
2017 $2,254 $153,742 $43,921 $109,821
2016 $2,225 $150,728 $43,060 $107,668
2015 $2,231 $148,465 $42,414 $106,051
2014 $2,200 $145,559 $41,584 $103,975
Source: Public Records

Map

California Riverside County Palm Desert 92211 Palm Desert Country

40625 Inverness Way Unit 41-04, Palm Desert, CA

This home is located at 40625 Inverness Way Unit 41-04, Palm Desert, CA 92211 and is currently estimated at $359,518, approximately $305 per square foot. 40625 Inverness Way Unit 41-04 is a home located in Riverside County with nearby schools including Ronald Reagan Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

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